See my sibling comment: property in most societies is something that not only confers rights to the owner, but also responsibilities. If you own an apartment in

See my sibling comment: property in most societies is something that not only confers rights to the owner, but also responsibilities. If you own an apartment in a city where there is great demand for housing, but (for whatever reason) you decide against making that apartment available for someone to use, society (through creating laws and regulations) can decide that you forfeit your rights to that property. It is the same logic that is behind laws and regulations that force people to improve their property in some way, i.e. by removing lead paint, installing more efficient heating, etc. This logic is well accepted throughout the world. "Property obligates" is the historical and present norm (except maybe in the U.S.) and the extreme libertarian view of "absolute rights" to property is probably what is a "sick and disgusting" development.